Wednesday, December 7, 2016

With Growing Interest for Mercedes In Chinese Market, Daimler Moves To Manufacture Locally

Mercedes-Benz to Start Building in China

China’s been a hot topic this year for various reasons, but for Mercedes it has been the 28% increase of sales in that market just this year, with more growth expected to follow.To maximize sales in the country though, Daimler has made the move to manufacture thecomponents for electric carsas well as whole electric cars for the Chinese market locally.As part of a drive to manufacture more products local. Daimler may make batteries and Mercedes-Benz electric cars in China as part of a drive to manufacture more products locally and to try to boost sales, according to board member Hubertus Troska.Sales of the German company’s luxury cars in China have grown 28% so far this year after Mercedes spruced up its designs to give its cars a more sporty and upmarket feel, gaining traction with drivers in the world’s largest car market.“I am confident that Mercedes in China will show a decent performance next year,” Troska, Daimler’s board member responsible for Greater China, told reporters.Continue Reading